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Bank of Canada Rate Decision Tomorrow: What Every Canadian Needs to Know Before June 10

Current Rate 2.25% Held since Oct 2025 Expected Decision HOLD 34/34 economists Announcement 9:45 AM Wed, June 10 (ET) Prime Rate 4.45% Most major lenders On Wednesday morning, June 10, the Bank of Canada will announce its interest rate decision at 9:45 AM ET — and for Canadians with a mortgage, a variable-rate loan, or a renewal coming up, the decision is just two days away. Governor Tiff Macklem will follow with a press conference at 10:30 AM. The short answer: expect no change. But the full picture is considerably more complicated — and the Bank's tone tomorrow could signal whether rate hikes are quietly creeping back onto the table. The Consensus: A Hold, Full Stop The economist community is remarkably united heading into this decision. In a Reuters poll conducted June 2–5, all 34 economists surveyed predicted the Bank would leave its overnight rate at 2.25%. More than 80% said it would stay there for the rest of 2026. "Under normal circumstances, today's sagging econom...
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Hezbollah Fires Rockets into Israel as Blinken Arrives for Ceasefire Talks

Hezbollah launched a series of rockets into Israel early Tuesday morning, targeting key military bases near Tel Aviv and a naval base west of Haifa. This escalation comes amid heightened tensions and ongoing Israeli strikes on southern Lebanon and Beirut’s southern suburbs.

The rocket attacks occurred just hours before U.S. Secretary of State Antony Blinken landed in Israel. Blinken’s visit aims to push for a ceasefire in the conflict, which has seen significant casualties and destruction on both sides. Despite these diplomatic efforts, achieving an immediate resolution remains challenging due to deep-seated divisions between the parties involved..

As the situation develops, the international community continues to call for restraint and a peaceful resolution to the conflict.


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